Tag: Germany wind power investment

Game Over: German Wind Industry In Free Fall As Renewable Energy ‘Transition’ Hits the Wall

Germany’s wind industry is now demolishing wind turbines faster than it can build them. During 2020, the Germans managed to add a paltry 200 new wind turbines to its fleet of over 30,000. Meanwhile, hundreds have already been demolished and - with hundreds more reaching the end of their economic life - the only growth … Continue reading Game Over: German Wind Industry In Free Fall As Renewable Energy ‘Transition’ Hits the Wall

Frozen: Germany’s Wind & Solar ‘Transition’ Turns Into Power Pricing & Supply Disaster

Because RE zealots crowed about Germany’s ‘inevitable transition’ to wind and solar from the outset, it’s no surprise that its disastrous conclusion is attracting attention, much like a freeway pileup. Germany’s so-called Energiewende (energy transition) has turned into a power pricing and supply calamity. Which was as perfectly predictable as it was perfectly avoidable. Jonathan … Continue reading Frozen: Germany’s Wind & Solar ‘Transition’ Turns Into Power Pricing & Supply Disaster

Wind Power Investment Collapses as Germany’s Wind Industry Faces Total Armageddon

Once a world 'leader', Germany’s wind industry is on the brink of total collapse; new construction has ceased, and bankrupt turbine makers are sacking thousands of workers. Limit your worldview to the mainstream press and you’d be forgiven for thinking Germany is well on its way to an all wind and sun powered future, and … Continue reading Wind Power Investment Collapses as Germany’s Wind Industry Faces Total Armageddon

It’s-A-Knockout: European Wind Industry’s Total Collapse: Firms Bankrupt & Thousands Sacked

The wholesale collapse of Europe’s wind industry suggests that so-called ‘sustainable’ energy ain’t so sustainable, after all. Big turbine manufacturers are sacking workers in droves, watching their share prices plummet and pulling out all stops to stave off bankruptcy. Accumulating hundreds of €millions in losses, turbine maker Senvion entered into self-administered bankruptcy/liquidation in April. Danish … Continue reading It’s-A-Knockout: European Wind Industry’s Total Collapse: Firms Bankrupt & Thousands Sacked